How the Russia/Ukraine war changes energy markets

• 28 April 2022

The war has created turmoil and sent power, gas, coal and oil prices through the roof. Will the world's dependence on fossil fuels increase – or will high prices accelerate investment in the energy transition?

Exploration’s star is rising

• 07 April 2022

High-impact exploration has kept a low profile over the last decade. Will the need for the global economy to diversify away from Russian oil and gas breathe new life into exploration?

The Majors’ accelerating tilt to new energy

• 02 December 2021

Big Oil is determined to show it’s part of the solution for climate change. How much has investment in new energy ramped up, where do CCS and hydrogen fit in, and when will spend on low carbon catch up with oil and gas?

Exploration - where less can be more

• 20 November 2020

How capital discipline led a return to value creation

Oil refining – facing up to structural overcapacity

• 03 July 2020

Refining has been hit hard by the economic fallout of the coronavirus pandemic. Profitability in 2020 will be the lowest this century. When will margins recover? And how will the industry respond to this challenge?

How to stay investible – the oil industry’s challenge

• 05 November 2019

Big Oil faces sluggish oil demand, weak gas prices, the energy transition and the implications of next year’s US Presidential election. How can Big Oil stay investible in this environment?

The new wave of internationalising NOCs

• 04 June 2019

Oil and gas producing giants, Rosneft, Saudi Aramco and Qatar Petroleum, broaden their growth options with new international investments. Get Simon's analysis of what's driving the trio's moves.

Storage, the energy transition’s flexible friend

• 30 April 2019

Simon Flowers investigates storage's emerging role in balancing intermittent renewables.

Geopolitics and the transition from oil to electric vehicles

• 23 October 2018

Will geopolitics forever dog the transportation sector, even when electric vehicles (EVs) replace internal combustion engine (ICE) vehicles? Simon Flowers investigates.

The case for investing more in exploration

• 25 September 2018

The industry isn’t finding enough oil. We need more Guyanas, a lot more, and we need them soon. Without them, the oil market is in danger of tightening in the not too distant future.

Digitalisation’s place in upstream’s future

• 21 September 2017

The biggest current recruiter in upstream? Digitalisation, by a distance. Technology is already playing a part in downstream’s recovery from its lows a few years ago.

Majors' capital allocation in a stuttering energy transition

• 03 March 2025

As energy transition challenges mount, oil and gas Majors are pivoting back to upstream - while NOCs step up their low-carbon commitments. What does this mean for the industry's future?

How AI can unlock an extra trillion barrels of oil

• 15 October 2025

How much new oil is needed? Can AI analogues help unlock the additional barrels and close the supply gap? Will AI make subsurface teams redundant?

COP29 faces climate finance challenge

• 12 November 2024

The COP29 climate talks began on Monday with climate finance at the top of the agenda. A meaningful deal would show the international effort to tackle climate change is still alive. Failure could further delay the transition to low-carbon energy.

Emissions rules for US power pose some difficult questions

• 06 May 2024

New EPA regulations for coal plants hit an industry in decline. Emissions curbs for gas plants would affect a sector that is still growing.

Chinese manufacturers represent both promise and threat in the EV future

• 22 March 2024

The big problem with EVs is that they are too expensive. Chinese manufacturers are solving that, and posing a growing threat to companies in the US, Europe and Japan. The pressure to protect domestic industries is growing.

A major setback for nuclear power

• 13 November 2023

The decision to cancel the first small modular reactor planned in the US is a blow to hopes of a new source of dispatchable low-carbon power.

Energy Pulse: in brief (29 September)

• 29 September 2023

The Biden administration plans the "fewest offshore oil and gas lease sales in history", and the rest of the week’s key energy news.

Ten predictions for 2023

• 16 December 2022

After a tumultuous year, Ed looks ahead to 2023 with a selection of Wood Mackenzie analysts predictions

Sanctions start to bite

• 14 March 2022

Restrictions on Russia's financial system are already affecting energy trades. And momentum for longer-term changes is building.

The US LNG boom is back

• 07 January 2022

US LNG export plants are working flat-out to meet strong global demand for gas that has been reflected in soaring prices. With new capacity coming on stream late in 2021 and early in 2022, the US is emerging as the world’s largest LNG exporter.

Predictions for 2022

• 17 December 2021

2022 could see rising carbon prices, greater distributed solar capacity, tighter supply chains for renewable energy and a double-digit market share for EVs.

Plugging the methane leaks

• 29 October 2021

The Biden administration and key members of Congress are in negotiations over legislation that could include a new fee on methane emissions from US oil and gas facilities. If it passes into law, the fee would have a widely varying impact across regions and across companies.

Demanding new emissions goals set course for low-carbon future

• 23 April 2021

At a US-hosted climate summit this week, large economies discussed their ambitious objectives for cutting emissions. Now comes the hard part.

President Biden aims for higher employment and lower emissions

• 01 April 2021

Two announcements this week showed the administration attempting to deliver on its promise that a key goal of climate policy is job creation.

The challenge of negative emissions

• 12 February 2021

Elon Musk is offering $100 million in prizes for carbon removal technologies. Costs need to come down a long way for them to be viable

OPEC+ strikes a deal to avoid oil glut

• 04 December 2020

The production cuts agreed by the OPEC+ group in April have been highly effective in rebalancing the oil market after the pandemic sent demand plunging. With hopes growing of a stronger rebound next year, some countries, led by the United Arab Emirates, have been calling for OPEC+ to stick to its plan to allow almost 2 million b/d of extra production in January. But demand is expected still to be weak in the first quarter at least, as the Covid-19 vaccines begin to be rolled out. An OPEC+ production increase of that size would have risked an oversupplied market and falling crude prices. Facing that risk, the OPEC+ ministers pulled back from the brink and agreed a production increase of just 500,000 b/d, to be reviewed for possible further increases every month.

Power Trading Analytics

Our Power Trading Analytics products provide trustworthy insights ahead of volatile power movements to make smarter trading decisions and maintain a competitive edge.

Emissions Benchmarking Tool

The Emissions Benchmarking Tool provides transparency at the asset and corporate level for Upstream, Downstream and Metals & Mining.

EV charging energy management for workplaces, businesses and fleets

• 12 April 2023

PowerFlex joins Wood Mackenzie on this webinar replay to discuss important energy management tools and strategies for installing and operating EV charging solutions onsite.